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$40,000
3 Beds ⋅ 1 Baths ⋅ 26056446 MLS ⋅ ACTIVE Status
Price listed is Starting Bid Only. Bidding starts closing 10/1/2026 @ 5 p.m. Opportunity awaits for any real estate investor or savvy flipper with this potential-filled 3BR/1BA home located within the highly desirable community of Webster Groves! Formerly a stately residence, this property offers an exciting opportunity to remodel and update while restoring its one-time grandeur and original character. The main level features a spacious living room anchored by a wood-burning fireplace and opening to a formal dining room with convenient access to the kitchen. A decorative staircase leads to the second level, which houses all three bedrooms, including an oversized primary bedroom, along with a shared full bathroom. A second staircase continues to the unfinished third-level attic, offering potential for additional finished living space, a home office, recreation area, or other flexible use. The full, unfinished basement provides washer and dryer hookups and houses the home's utilities, including a natural gas-powered boiler providing radiant heat and a natural gas-powered hot water heater. The home is cooled by window air-conditioning units, which will need to be purchased and installed by the new owner. Water is connected to the home but is currently turned off. Outside, a covered front porch is shaded by mature trees, while a gravel driveway leads to a detached 2-car garage. With its desirable Webster Groves location, classic character, and tremendous potential, this property is ready for a new owner to bring their vision to life! Buyer to independently verify the condition of all components of the home to include the HVAC. Property will sell under auction terms and be sold AS- IS, WHERE-IS. Seller, will not make any repairs as a result of any building, occupancy, or environmental inspections. Buyer will be required to sign an Auction Purchase & Sale Agreement if final bid is accepted by Sellers.

463 Newport Ave, Webster Groves